China's HNA Group eyes South American airline groups
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
CHINA'S HNA Group has expressed interest in acquiring Avianca Holdings SA and Avianca Brasil, the South American airlines controlled by Bolivian-born entrepreneur Germán Efromovich's Synergy Group, people familiar with the matter said.
Avianca Holdings and Avianca Brasil are working with investment banks to explore options. They have also attracted interest from US peers United Continental Holdings Inc and Delta Air Lines Inc, the sources said on Friday.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
